OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

another strong day!

“Gold has gone up every year but one since the year 2000. So if you’ve been calling for a rise in the price of the gold, you’ve been right every year except one. That’s not a broken record, that’s just understanding what’s going on and predicting a higher gold price. It’s the people that have been calling for gold’s demise every single year who don’t understand the fundamentals… No market goes up every single year… I know what’s driving the trend and that’s the central banks, particularly the Federal Reserve.” ~Peter Schiff

http://blog.europacmetals.com/2014/08/golds-doing-fine-but-the-dollar-is-being-propped-up-video/

Its a good thing for Germany to stay in European Union ,we don’t need another WW .Their political system can get out voted now ! Whats good about Germany is the people are smart ,hard working and thrifty a combination that always makes them rise from any adversity rapidly. The risk for Germany ,the economic engine of Europe is going to come from China ..The Greeks want an end to the Austerity imposed by Banksters and need GERMAN LOANS .If they are refused they will turn to China who NOW has a PORT in Greece (just like its California Port)from which to import all kinds of Goods in competition using Cheap Labor as a weapon.The distribution for cheap goods from China is in place ! What happined to the US will happin to Germany ..wages will be driven down until it is on par with China,just as they did in the US.The standard of living will decline just as it did in US.THe Socialists in Germany will get a dose of Socialism Chinese style.The jobs will disappear slowly at first then rapidly.The Banksters are selling them out just like they did the Americans ,using the same method !This will drive Germany to the Russian side and radicalize the people of both nations against the US Banksters .They have a common enemy.

Obamas chief Foreign Policy advisery   Zibniew Brzezinski    is doing this ,he hates Germany and Russia because he is from POLAND .He would like nothing better than a WAR between US and Russia and or Germany.He is a mad man….Talk about the tail wagging the DOG ..he wants to use US Military for revenge against Russia ..He needs to go !He is a war monger !

He wants to destroy the German economy,the Russian economy in the hope that thay will never be a threat to Poland again.He is still fighting the LAST WAR,he ‘s nuts…

This is the same Foreign Policy adviser Jimmy Carter had .! Zibniew Brzezinski Chief foreign Policy for all DEMOCRATS thats why they are always getting us into WARS..

Re Oil

Maybe they are kicking it to piss Vlad off.

I guess your explanation of oil makes as much sense as anything else. Definitely not pricing in growth or war but might be pricing in a worldwide SM collapse.

silverngold – yeah, the TPTB hasn’t lost control of anything. Silver has rolled over, next up are the shares and then gold will be hit last. If I hadn’t seen this movie so many times I wouldn’t believe it. Unbelievably frustrating.

Tired of paying out nearly a C note to fill the old truck with diesel. And tired of stealing from my ice cream fund to feed the Ford.

Sad day when a man has to choose between ice cream and buying a gallon of fuel. 🙂

Have to head to town for some errands, hold the line. Kinda be nice for gold to end in the green on this Friday.

Well, I wasn’t sure if you preferred bacon, sausage, or steak with those eggs so I had em pile em all on. I probably wouldn’t tell your heart doctor about your feast. (grin)

Thanks for all you do, may your rewards be great, Farmboy

Thanks for breakfast!

Back into puts at about the same price as last Friday> picked Slw 25’s as Slw has been holding up very well. Stock has a gap @ 23.60.

Copper price boost after China manufacturing jumps to 27-month high

In pre-open New York trade on Friday September copper jumped to a high of $3.2555 a pound after data out of China showed manufacturing activity at a 27-month high.

The latest jump came after the Chinese manufacturing purchasing managers’ index (PMI) indicated that the world’s second largest economy accelerated into the third quarter.

The official manufacturing PMI for July came in at 51.7, up from 51.0 in June, the highest since May 2012. A reading above 50 indicates expansionary conditions for industry.

The output and new orders components picked up showing strong domestic demand, while export orders, which had been lagging also improved.

Copper price boost after China manufacturing jumps to 27-month high

Good morning folks. I wonder what this Friday has in store for the markets? Guess I will just sit back and watch the action a bit, and let the pundits explain it all to me. (grin)

Wanka, I want to thank you for clarifying some points in my post from last night. I ask that you forgive me for my lack of knowledge in some areas of all that has transpired. I am still somewhat in a state of shock that events have transpired as they have. I started to title my repose “When Honorable Men Do Dishonorable Things”, but thought better of it.

Mostly, I regret the actions that has brought us to this point. But very happy that the Oasis was created. I know it rests in very good and capable hands and happy to be invited to participate in the continued place where Goldbugs can gather. I am ready to move on in life with a heart of gratitude for the actions and oversight that the current Administration has exemplified. Thank you !

And, I am prepared to offer my amends to Ipso and Williams the WebMaster for my lack of acknowledgment last evening by serving up a breakfast in their honor. Bon appetite fellas. I hope you can keep Floridagold’s fingers off your plate long enough to enjoy it. (grin)

Now lets get on with Life, and enjoying our New Home, Best to all, Farmboy

Banco Espirito Santo Plunges 20% As Goldman Cuts Stake

http://www.zerohedge.com/news/2014-08-01/banco-espirito-santo-plunges-20-goldman-cuts-stake

Fiat SpA (F), Italy’s largest manufacturer and a symbol of the country’s struggle to adapt to globalization, is leaving home after 115 years.

The controlling Agnelli family and other investors, holding their final shareholders meeting in Turin today, sealed the end of Fiat as an Italian company with a vote approving a merger with Chrysler. Created by Italian-Canadian Chief Executive Officer Sergio Marchionne, Fiat Chrysler Automobiles NV will be incorporated under Dutch law, based in the U.K. and listed on the New York Stock Exchange.

“Marchionne doesn’t want to abandon Italy; he wants FCA and himself to be global players, and the center of gravity of FCA has to be repositioned in order to do that,” said Erik Gordon, a professor at the University of Michigan’s Stephen M. Ross School of Business. “It is a little sad for Italy.”

cont. http://www.bloomberg.com/news/2014-07-31/fiat-says-ciao-to-italy-as-merger-with-chrysler-ends-era-cars.html

The windmills must have been added in the last 5 or 6 years since i was last through Spanish Fork on my way to Colorado.

Well you definitely know the Euro zone better than I do. Maybe it’s just a banking contagion that they can no doubt paper over.

As for the cap, definitely in play and now as the boyz engineer a short squeeze in the SM, they re going to try to take our miniscule gains. Hope they don’t but looks like it.

I still can’t figure out why oil is falling.

The Germans are the most pro the EU of any nation, as of now. Also Merkel is running the whole show, nothing happens without her approval in the EU, which is just how she likes it. So everything being normal there is no way they will leave……but the World is no longer anything like normal and changeing fast in many directions, so who knows.

I see Gold was capped at 1 %….1295.90…….nothing new there.

…the answer is blowin’ in the wind.

http://www.railpictures.net/photo/491332

Art Cashin was just on CNBS so I unmuted. He thinks the German weakness is contagion from the Portugeeze bank blow up.

So there you have it, yet another theory. 🙂

Nevsun Accelerates Production, Sales and Net Income in Second Quarter 2014

http://finance.yahoo.com/news/nevsun-accelerates-production-sales-net-210400218.html

Eldorado Gold Corporation: 2014 Second Quarter Financial and Operating Results

http://finance.yahoo.com/news/eldorado-gold-corporation-2014-second-214103179.html

Maybe so. I have another theory.

I think the Germans are going to leave the Euro and do deals with Russia, the western banks know this and as punishment have decided to sell the German market as a threat.

Either way, the Germans sure need Russia more than they need us.

The 10 am EST metals beatdown is MIA this am. Looks like a little short covering coming in.

Go figure.

maybe the Krauts are wakeing up to the idea that all those super efficient factories of theirs, ain’t gonna make much, once Vlad turns off the electricity !!!!!!

European markets are getting crushed again, especially the German market. The boyz better engineer a SM rally here or it’ll be another ugly day. Better have some coffee.

Ladybug and I are off on our annual getaway to YOHO National Park, a beautiful site to watch some of the upcoming Perseid meteor shower.

Meteor shower guide 2024: Up next the April Lyrids